NOT LISTED FOR SALE

31 Chapman Ave Madison, CT 06443

Estimated Value: $2,547,000 - $6,114,000

7 Beds
3.5 Baths
2,992 Sq Ft
$1,520/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $3,325,000 $1,111 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $29,360/month

Highlights

  • Beach Front
  • Attic
  • No HOA
  • Walter C. Polson Upper Middle School Rated A
  • 1 Fireplace
  • Screened Porch

About This Home

As of May 2020

WATERFRONT-High on a hill, and facing west to the spectacular sunsets, this iconic summer home will make you feel you’ve stepped into a romantic movie. With sweeping views of Long Island sound and directly on a wide sandy beach, this classic home offers 7 bedrooms, a wonderful screened porch and plenty of property to relax and enjoy summer activities.
On a quiet lane close to town for leisurely walks or bike rides through one of the shorelines most desired private association beach locations. Kayaks, beach chairs and umbrella, WiFi and cable all included. Rental term is June 15, 2020 at 4:00 through July 17, 2020 11:00 am. Due to State of CT mandate this rental must run for a minimum of 32 days.

Last Agent to Rent the Property

Margaret Muir

William Pitt Sotheby's Int'l License #RES.0485255 Listed on: 05/08/2020

William Pitt Sotheby's Int'l

Last Renter's Agent

Phoebe Finch

William Pitt Sotheby's Int'l License #RES.0803073

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 1.02 Acre Lot
  • Beach Front
  • Home fronts a sound
  • Cleared Lot
  • Property is zoned R-4

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 2,992 Sq Ft Home
  • 1 Fireplace
  • Screened Porch
  • Water Views
  • Partial Basement
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Circular Driveway
  • Off-Street Parking

Schools

  • Daniel Hand High School

Additional Features

  • Outdoor Grill
  • No Heating

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Pets Allowed Info: ASK
  • Landlord Requirements: Lease Required
  • Landlord Responsibility: All Utilities, Cable TV, Grounds Maintenance, Trash Service
  • Lease Price Description: Per Month
  • Pets Allowed: Restrictions
  • Rental Duration: Short Term Furnished, One Month
  • Security Deposit Details: 3,000
  • Smoking Allowed: No

Listing Details

  • Property Type: Residential Rental
  • Style: Cottage
  • Sq Ft Est Heated Above Grade: 2992
  • Public Record Living Room Sq Ft: 2992
  • Total Sq Ft: 2992
  • Year Built: 1925
  • Property Sub Type: Single Family Rental
  • Direct Waterfront: Yes
  • Public Record Gross Sq Ft: 6344
  • Directions: Route 1 to Liberty Street, to Neptune to Chapman Ave. to red house on water side.
  • Special Features: None

Interior Features

  • Room Count: 10
  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Basement Description: Partial
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes

Exterior Features

  • Exterior Features: Grill, Porch-Screened
  • Exterior Siding: Wood
  • Waterfront Description: Direct Waterfront, L. I. Sound Frontage, Beach
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Circular, Crushed Stone

Utilities

  • Heat Type: No Heat
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 1.0200
  • Lot Description: Cleared, Water View
  • Zoning: R-4

Multi Family

  • Total Num Of Units: 1

Tax Info

  • Assessor Parcel Number: 1154256

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Daniel Hand

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 14, 2018
Sold by
Red Hill Llc
Bought by
Bensche John M and Bensche Christine M
Seller's Agent
Cathy Lynch
Coldwell Banker Realty
Buyer's Agent
Margaret Muir
William Pitt Sotheby's Int'l
List Price
$3,295,000
Sold Price
$3,325,000
Premium/Discount to List
$30,000
0.91%
Current Estimated Value
$4,546,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,221,530
Avg. Annual Appreciation
4.20%

Purchase Details

Closed on
Aug 27, 2010
Sold by
Disesa Verdi J
Bought by
Red Hill Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bensche John M $3,325,000 --
Red Hill Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Red Hill Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2020 05/21/20 Rented $22,000 0.0% --
05/20/2020 05/20/20 Under Contract -- -- --
05/08/2020 05/08/20 For Rent $22,000 0.0% --
06/11/2018 06/11/18 Sold $3,325,000 +0.9% $1,111 / Sq Ft View Prior Sale
05/04/2018 05/04/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $3,295,000 0.0% $1,101 / Sq Ft
11/19/2013 11/19/13 Rented $22,000 0.0% --
11/19/2013 11/19/13 Under Contract -- -- --
11/05/2013 11/05/13 For Rent $22,000 +100.0% --
07/08/2012 07/08/12 Rented $11,000 0.0% --
07/08/2012 07/08/12 Rented $11,000 +100.0% --
07/08/2012 07/08/12 Under Contract -- -- --
07/08/2012 07/08/12 Under Contract -- -- --
07/08/2012 07/08/12 For Rent $5,500 -75.0% --
09/26/2011 09/26/11 For Rent $22,000 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $69,860 $3,114,600 $1,977,300 $1,137,300
2024 $56,549 $2,570,400 $1,977,300 $593,100
2023 $54,036 $1,803,000 $1,521,000 $282,000
2022 $53,026 $1,803,000 $1,521,000 $282,000
2021 $7,822 $1,803,000 $1,521,000 $282,000
2020 $51,115 $1,803,000 $1,521,000 $282,000
2019 $51,115 $1,803,000 $1,521,000 $282,000
2018 $8,355 $1,286,200 $1,040,700 $245,500
2017 $8,194 $1,286,200 $1,040,700 $245,500
2016 $34,071 $1,286,200 $1,040,700 $245,500
2015 $33,133 $1,286,200 $1,040,700 $245,500
2014 $50,000 $1,986,500 $1,681,400 $305,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170293642

SmartMLS

APN: MADI-000018-000000-000068